xStocks, a tokenized securities platform backed by Kraken, has officially launched on TON Wallet, the self-custodial wallet integrated with Telegram. This move brings access to tokenized US equities to a wide audience outside traditional financial markets.
The rollout allows users in “nearly all markets” to access a variety of tokenized stocks and ETFs, including Coinbase, Robinhood, Circle, and TON Strategy. However, the launch is not available in the US, European Union, or Australia due to regulatory requirements. Access will expand gradually as jurisdictions provide clear guidance, ensuring compliance with local rules and licensing obligations.
Integrating xStocks onto The Open Network (TON) leverages Telegram’s blockchain infrastructure, providing users with a self-custodial, onchain experience. Unlike conventional financial systems, this approach allows broader global participation, particularly in developing markets, without relying on centralized institutions.
The limited rollout reflects xStocks’ strategy of targeting emerging markets first, while some other tokenization firms, like Securitize, are pursuing regulatory pathways for US investors. xStocks’ integration with TON Wallet demonstrates how digital platforms can bridge global finance with blockchain technology while maintaining compliance.
By combining tokenized equities with accessible digital wallets, xStocks is creating new pathways for users worldwide to participate in financial markets. As regulatory frameworks evolve, the platform plans to expand access gradually, highlighting the growing intersection of blockchain technology and global investment opportunities.
Disclaimer
This content is for informational purposes only and does not constitute financial, investment, or legal advice. Cryptocurrency trading involves risk and may result in financial loss.